Herc Rentals
Assistant Manager, Cash Receivables Shared Services
Herc Rentals, Bonita Springs, Florida, United States, 33923
Assistant Manager, Cash Receivables Shared Services
Apply now »
Date:
Oct 8, 2025
Location:
Bonita Springs, FL, US, 34134
Company:
Herc Rentals
If you are currently an employee of Herc Rentals, please apply using this link:
Herc Employee Career Portal (https://performancemanager4.successfactors.com/sf/careers/jobsearch?bplte_company=hercrental&_s.crb=1vzawZHP23EM4ncylkxJuws98oCREXt5QR31bzyGQAI%253d)
Founded in 1965, Herc Rentals is one of the leading equipment rental suppliers in North America with 2024 total revenues reaching approximately $3.6 billion. Herc Rentals' parent company, known as Herc Holdings Inc., listed on the New York Stock Exchange on July 1, 2016, under the symbol "HRI." Herc Rentals serves customers through approximately 620+ locations and has about 10,200 employees in North America as of June 30, 2025.
Job Purpose
The primary mission of the Asst Manager, Cash Receivables Shared Services is to ensure timely and accurate cash application, manage SOX/compliance, provide leadership to the Shared Services Cash team, maximize working capital, and minimize Days Sales Outstanding "DSO". Additionally manage 3 party software vendors involved in the Cash Application process, lead projects designed to enhance efficiency and improve team performance. You will train/mentor the team to meet and exceed departmental objectives and goals, approving account refunds, KPI reporting, performance management and other duties as assigned by management. Excellent communication skills with internal and external teams and attention to detail are required to maximize returns with Customers.
What you will do...
Leadership Role with Billtrust Cash Application Module to continue to improve various metrics, cash reporting, match rate with Billtrust and to facilitate automatic cash application.
Driving Unapplied and Unidentified Cash root cause analysis amongst team by providing training and mentoring
Manage, review and approve daily Recons, and ALL month end procedures
Manage Team Performance to Established Goals and Objectives
Ongoing development of team members
Maintain awareness of metrics and deliverables among team members
Utilize appropriate judgment in processing adjustments, credit moves resolving unapplied/unidentified customer payments and refunds.
Manage and maintain records for Returned Checks, Electronic Payment returns and Credit Card Chargebacks.
Manage Check Fraud Process
Manage escheatment process for (all) Shared Services.
Manage process of 1099 issuance and state and federal reporting
Manage escalations for internal/external customers
Act as a Liaison between third party vendors (Billtrust and Banks)
Escalate any Billtrust issues directly to Billtrust-update issue tracker
Weekly and quarterly Billtrust Access reviews for SOX Compliance
Additional Responsibilities
Take proactive measures to address changes regarding unapplied/unidentified cash
Maintain relationships with Internal and External customers to drive efficiencies in processes
Lead projects and process improvements for Cash Applications & Payments
Requirements
2-5 years of Cash Applications Experience
2-5 years of Accounts Receivable Experience
2-5 years in a Leadership Role
Additional Experience
2-5 years of Accounting Experience a plus
Educational Background
Bachelor's Degree in Accounting/Finance Preferred
Skills
Self-starter, goal driven and ability to multi-task
Strong Team Leadership, Development and Conflict Management
Strong People Leader
Strong Customer Service
Strong Problem Solver
Process Improvement Experience
Advanced Microsoft Excel
Excellent Verbal and Written Communication
Strong Organizational and Time Management
Value-Added Business Contributor
Billtrust Cash App-(Preferred)
AS400-(Preferred)
Salesforce
Service Now
FISERV
Various Payment Portals-Coupa, Tulia, Ariba, Delta Airlines, American Airlines
Req #:
65194
Pay Range:
$70,000 - $80,000
Please be advised that the actual salary offered for any position is subject to the company's sole discretion and may be influenced by various factors, including but not limited to the candidate's qualifications, experience, location, and overall fit for the role.
Herc Rentals values its employees and provides excellent compensation and benefits packages which are not limited to the following.
Keeping you healthy
Medical, Dental, and Vision Coverage
Life and disability insurance
Flex spending and health savings accounts
Virtual Health Visits
24 Hour Nurse Line
Healthy Pregnancy Program
Tobacco Cessation Program
Weight Loss Program
Building Your Financial Future
401(k) plan with company match
Employee Stock Purchase Program
Life & Work Harmony
Paid Time Off (Holidays, Vacations, Sick Days)
Paid parental leave.
Military leave & support for those in the National Guard and Reserves
Employee Assistance Program (EAP)
Adoption Assistance Reimbursement Program
Tuition Reimbursement Program
Auto & Home Insurance Discounts
Protecting You & Your Family
Company Paid Life Insurance
Supplemental Life Insurance
Accidental Death & Dismemberment Insurance
Company Paid Disability Insurance
Supplemental Disability Insurance
Group Legal Plan
Critical Illness Insurance
Accident Insurance
Herc does not discriminate in employment based on the basis of race, creed, color, religion, sex, age, disability, national origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factors.
Nearest Major Market:
Fort Myers
Nearest Secondary Market:
Cape Coral
Job Segment:
Assistant Manager, Accounts Receivable, Business Process, Field Service, Mid-Range, Management, Finance, Manufacturing, Technology
Apply now »
Apply now »
Date:
Oct 8, 2025
Location:
Bonita Springs, FL, US, 34134
Company:
Herc Rentals
If you are currently an employee of Herc Rentals, please apply using this link:
Herc Employee Career Portal (https://performancemanager4.successfactors.com/sf/careers/jobsearch?bplte_company=hercrental&_s.crb=1vzawZHP23EM4ncylkxJuws98oCREXt5QR31bzyGQAI%253d)
Founded in 1965, Herc Rentals is one of the leading equipment rental suppliers in North America with 2024 total revenues reaching approximately $3.6 billion. Herc Rentals' parent company, known as Herc Holdings Inc., listed on the New York Stock Exchange on July 1, 2016, under the symbol "HRI." Herc Rentals serves customers through approximately 620+ locations and has about 10,200 employees in North America as of June 30, 2025.
Job Purpose
The primary mission of the Asst Manager, Cash Receivables Shared Services is to ensure timely and accurate cash application, manage SOX/compliance, provide leadership to the Shared Services Cash team, maximize working capital, and minimize Days Sales Outstanding "DSO". Additionally manage 3 party software vendors involved in the Cash Application process, lead projects designed to enhance efficiency and improve team performance. You will train/mentor the team to meet and exceed departmental objectives and goals, approving account refunds, KPI reporting, performance management and other duties as assigned by management. Excellent communication skills with internal and external teams and attention to detail are required to maximize returns with Customers.
What you will do...
Leadership Role with Billtrust Cash Application Module to continue to improve various metrics, cash reporting, match rate with Billtrust and to facilitate automatic cash application.
Driving Unapplied and Unidentified Cash root cause analysis amongst team by providing training and mentoring
Manage, review and approve daily Recons, and ALL month end procedures
Manage Team Performance to Established Goals and Objectives
Ongoing development of team members
Maintain awareness of metrics and deliverables among team members
Utilize appropriate judgment in processing adjustments, credit moves resolving unapplied/unidentified customer payments and refunds.
Manage and maintain records for Returned Checks, Electronic Payment returns and Credit Card Chargebacks.
Manage Check Fraud Process
Manage escheatment process for (all) Shared Services.
Manage process of 1099 issuance and state and federal reporting
Manage escalations for internal/external customers
Act as a Liaison between third party vendors (Billtrust and Banks)
Escalate any Billtrust issues directly to Billtrust-update issue tracker
Weekly and quarterly Billtrust Access reviews for SOX Compliance
Additional Responsibilities
Take proactive measures to address changes regarding unapplied/unidentified cash
Maintain relationships with Internal and External customers to drive efficiencies in processes
Lead projects and process improvements for Cash Applications & Payments
Requirements
2-5 years of Cash Applications Experience
2-5 years of Accounts Receivable Experience
2-5 years in a Leadership Role
Additional Experience
2-5 years of Accounting Experience a plus
Educational Background
Bachelor's Degree in Accounting/Finance Preferred
Skills
Self-starter, goal driven and ability to multi-task
Strong Team Leadership, Development and Conflict Management
Strong People Leader
Strong Customer Service
Strong Problem Solver
Process Improvement Experience
Advanced Microsoft Excel
Excellent Verbal and Written Communication
Strong Organizational and Time Management
Value-Added Business Contributor
Billtrust Cash App-(Preferred)
AS400-(Preferred)
Salesforce
Service Now
FISERV
Various Payment Portals-Coupa, Tulia, Ariba, Delta Airlines, American Airlines
Req #:
65194
Pay Range:
$70,000 - $80,000
Please be advised that the actual salary offered for any position is subject to the company's sole discretion and may be influenced by various factors, including but not limited to the candidate's qualifications, experience, location, and overall fit for the role.
Herc Rentals values its employees and provides excellent compensation and benefits packages which are not limited to the following.
Keeping you healthy
Medical, Dental, and Vision Coverage
Life and disability insurance
Flex spending and health savings accounts
Virtual Health Visits
24 Hour Nurse Line
Healthy Pregnancy Program
Tobacco Cessation Program
Weight Loss Program
Building Your Financial Future
401(k) plan with company match
Employee Stock Purchase Program
Life & Work Harmony
Paid Time Off (Holidays, Vacations, Sick Days)
Paid parental leave.
Military leave & support for those in the National Guard and Reserves
Employee Assistance Program (EAP)
Adoption Assistance Reimbursement Program
Tuition Reimbursement Program
Auto & Home Insurance Discounts
Protecting You & Your Family
Company Paid Life Insurance
Supplemental Life Insurance
Accidental Death & Dismemberment Insurance
Company Paid Disability Insurance
Supplemental Disability Insurance
Group Legal Plan
Critical Illness Insurance
Accident Insurance
Herc does not discriminate in employment based on the basis of race, creed, color, religion, sex, age, disability, national origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factors.
Nearest Major Market:
Fort Myers
Nearest Secondary Market:
Cape Coral
Job Segment:
Assistant Manager, Accounts Receivable, Business Process, Field Service, Mid-Range, Management, Finance, Manufacturing, Technology
Apply now »